Key Benefits:
LEGISLATIVE ASSEMBLY-REPUBLIC OF EL SALVADOR
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DECREE N ° 327
THE LEGISLATIVE ASSEMBLY OF THE REPUBLIC OF EL SALVADOR,
CONSIDERING:
I.-That by Legislative Decree No. 405, dated July 1, 2010, published in Official Journal No. 133, Volume No. 388, of the 15th of the same month and year, is
authorized to the Executive Body in the Ramo de Hacienda, so that by means of the holder or official designated by him, who shall subscribe on behalf of the State and Government of the Republic of El Salvador, a Loan Agreement with the Bank
International for Reconstruction and Development (IBRD), up to the amount of US$ 50,000,000.00, to finance the Project "Protection of Income and Employability", whose institutions The executive is the Technical Secretariat and
Planning of the Presidency, the Social Investment Fund for Local Development and the Ministry of Labor and Social Welfare, having been approved in all its parts by the Loan, being the N ° 7811-SV, subscribed
on July 19, 2010, by Legislative Decree No. 439, dated 12 August 2010, published in Official Journal No 157, Volume N ° 388, 25 of the same month and year.
II.-That in Article III-Project, of the said Loan Convention, it is established that the coordination of the objectives of the Project will be in charge of the Technical Secretariat of the Presidency, today Technical and Planning Secretariat of the
Presidency, who in turn is responsible for the implementation of Part C: Support to the design and development of the Universal Social Protection, in the amount of US$ 2,300,000.00 and the payment of the Initial Commission by value of
US$ 125,000.00, totaling the amount of $2,425,000.00; resources to finance the Technical Assistance Project Code 30029 "Support for the Design and Development of the Universal Social Protection System (BIRF 7811-SV)".
III. Amendment No. 4, dated September 15, 2015, the International Bank for Reconstruction and Development authorized the redistribution of the
amounts of the categories of the aforementioned Loan Agreement, increasing the allocations of Category C up to the amount of US$ 2,715,000.00, keeping the payment of the Initial Commission for US$ 125,000.00, making a
total of US$ 2,840,000.00; likewise, in that Amendment, the IBRD extended the term of validity of the aforementioned loan agreement until 31 August 2016.
IV.-That with the resources assigned to the Technical and Planning Secretariat of the Presidency, for a total of US$ 2,840,000.00, at the end of the fiscal year 2015, the amount of US$ 2,340,544.00 has been written, reflecting a
availability of US$ 499,456.00, of which the value of US$ 253,590.00 is programmed in the current Budget Law of 2016 and the difference of US$ 245,866.00, is the one that needs to be incorporated into the current budget allocations the Technical and Planning Secretariat of the
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Presidency, to finance activities geared to the preparation and development of the phase The implementation of the Employment and Employment Program Young, which
is necessary and indispensable for the fulfillment of the objectives of the mentioned Project.
V.-That with the purpose that the Presidency of the Republic, through the Technical and Planning Secretariat of the Presidency, can continue " financing the activities related to the implementation of the Technical Assistance Project
Code 30029 mentioned above, it is necessary to reform the existing Budget Law, voted by Legislative Decree No. 192, dated 26 June November 2015, published in Official Journal No. 231, Volume No. 409, of the 15th of
December of that year, increasing in Section II-REVENUE, the Rubro 31 Public Indebtedness, Account 314 Contracting External Borrowings, the Specific Source 31404 Of Multilateral Organizations With Quantity
of TWO HUNDRED AND FORTY-FIVE ONE THOUSAND EIGHT HUNDRED AND SIXTY-SIX 00/100 DOLLARS FROM THE UNITED STATES OF AMERICA (US$ 245,866.00). Also, in Section III-EXPENSES, in the part corresponding to the
Presidency of the Republic, Budget Unit 05 Technical Secretariat and Planning of the Presidency, the allocations of the Line of Work are increased 03 Support for the Design and Development of the Universal Social Protection System (Loan BIRF N ° 7811-SV), Rubro 54 Procurement of Goods and
Services, with the amount of TWO HUNDRED AND FORTY-FIVE THOUSAND EIGHT HUNDRED AND SIXTY-SIX 00/100 DOLLARS UNITED STATES OF AMERICA (US$ 245,866.00), corresponding to the aforementioned Loan Agreement.
BY TANTO,
in use of its Constitutional powers and on the initiative of the President of the Republic, through the Minister of Finance.
DECCRETA:
Art. 1.-In the current Budget Law, Section -A GENERAL BUDGET OF THE STATE
the following modifications are introduced:
A) In section II-INCOME, Headings 31 Public Indebtedness, Account 314 Recruitment of
External Borrowings, increase the Specific Source 31404 of Multilateral Organizations, as follows:
Loan N ° 7811-SV, signed with the International Bank for Reconstruction and Development (IBRD), resources that are used to finance the project "Protection of Income and Employability", approved
by Legislative Decree No. 439, dated 12 August 2010, published in Official Journal No 157, Volume N ° 388, 25 of the same month and year........................................................... 245,866
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B) In section III-EXPENSES, in the part corresponding to the Presidency of the Republic, literal B. Resource allocation, numeral 3. Relationship Purposes with Assigned Resources, in Unit
Budget 05 Technical and Planning Secretariat of the Presidency, increase the allocation of expenditure as follows:
3. Relationship Purposes to Assigned Resources
Budget Unit and Purpose Cost Work Line
05 Presidency Planning and Technical Secretariat
03 Support for the Design and Development of the Social Protection System U niv ersal (Loan BIRF N ° 7811-SV)
Strengthen the institutional capacity to design, formulate, monitor and evaluate social interv. social care as part of the Universal Social Protection System, thus contributing to the achievement of greater human development and well-being with equity and social inclusion.
245,866
245,866
Total 245, 866
4. Budget Allocation by Pool, Financing and Economic Destination Source
Budget Unit and Budget Ifrate Budget Line 54
Goods and Serv Services Procurement
Capital Expenditure
05 Presidency Planning and Technical Secretariat
2016-0500-1-05-03-22-3 External Loans Support for the Design and Development of the Social Protection System Univ ersal (Loan BIRF No. 7811-SV)
245,866
245,866
245,866
245,866
Total 245,866 245,866
5. List of Public Investment Projects
The Technical Assistance Project Code No. 30029, which has an existing allocation of US$ 253,590, is reinforced with the amount of US$ 245,866, with the modified allocation remaining, as follows:
Project Code
Source of
F inage
Meta
F isica
Location
Geographic
Date of
F Inalization
Project
Project
30029
05 Technical and Presidency Planning
03 Support for the Design and Development of the Social Protection System Univ ersal (IBRD Loan No. 7811-SV)
Support for the Design and Development of the Univ ersal Social Protection System (BIRF 7811-SV)
External Loans
100% Advance
A Niv the National Dec. /2016
499,456
499,456
499,456
Total 499,456
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Resources from External Loans that are incorporated by the present Legislative Decree for US$ 245,866, must be applied to the Source of Resources 9 International Bank of
Reconstruction and Development (IBRD).
Art. 2. This Decree shall enter into force on the day of its publication in the Official Journal
.
GIVEN IN THE BLUE HALL OF THE LEGISLATIVE PALACE: San Salvador, at the seven days of the month
April of the year two thousand sixteen.
LORENA GUADALUPE PEÑA MENDOZA,
PRESIDENT.
GUILLERMO ANTONIO GALLEGOS NAVARRETE, ANA VILMA ALMASEZ DE ESCOBAR, FIRST VICE PRESIDENT. SECOND VICE-PRESIDENT.
JOSÉ SERAFIN ORANTES RODRÍGUEZ, NORMAN NOEL QUIJANO GONZÁLEZ, THIRD VICE-PRESIDENT. FOURTH VICE-PRESIDENT.
SANTIAGO FLORES ALFARO, FIFTH VICE PRESIDENT.
GUILLERMO FRANCISCO MATA BENNETT, DAVID ERNESTO REYES MOLINA, FIRST SECRETARY. SECOND SECRETARY.
MARIO ALBERTO TENORIO GUERRERO, REYNALDO ANTONIO LÓPEZ CARDOZA,
THIRD SECRETARY. FOURTH SECRETARY.
JACKELINE NOEMI RIVERA AVALOS, JORGE ALBERTO ESCOBAR BERNAL, FIFTH SECRETARY. SIXTH SECRETARY.
ABILIO ORESTES RODRÍGUEZ MENJÍVAR, JOSÉ FRANCISCO MERINO LÓPEZ, SEVENTH SECRETARY. EIGHTH SECRETARY.
CASA PRESIDENTIAL: San Salvador, at the twentieth day of the month of April of the year two thousand sixteen.
PUBESLOSE, Salvador Sánchez Cerén,
President of the Republic.
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Juan Ramón Carlos Enrique Cáceres Chávez,
Minister of Finance.
D. O. N ° 72 Tomo N ° 411 Date: 20 April 2016
SV/pch 11-05-2016
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